Middle income - Bound rate, simple mean, all products

Bound rate, simple mean, all products (%) in Middle income was reported at 34.41 % in 2012, according to the World Bank collection of development indicators, compiled from officially recognized sources.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.